U.K. Nationwide House Price Index (MoM) 0.0% Vs. -0.4% Est.; -0.8% Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. Nationwide House Price Index (MoM) has reported a 0.0% change, performing better than the estimated -0.4% and the prior -0.8%.
October 02, 2023 | 6:00 am
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POSITIVE IMPACT
The U.K. Nationwide House Price Index, which has reported a 0.0% change, may impact the iShares MSCI United Kingdom ETF (EWU).
The U.K. Nationwide House Price Index is a key indicator of the health of the U.K. housing market. A better-than-expected performance could boost investor confidence in U.K.-related assets, including the iShares MSCI United Kingdom ETF (EWU), which tracks the performance of the U.K. equity market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80